• Reps decry high cost of law school fees

    The House of Representatives, on Thursday expressed worry over the high cost of fees being collected from students by the Nigerian Law School. It, therefore, mandated its Committees on Justice; Tertiary Education and Services, and Finance to interface with the Director-General of Nigerian Law School and other stakeholders on the ...

  • 3m Nigerians Lose N18bn To MMM – NDIC

    The Nigerian Deposit Insurance Corporation (NDIC) yesterday disclosed that social media estimate showed three million Nigerians had lost N18 billion in the Phonzi scheme, popularly called Mavrodi Mundial Movement (MMM). The managing director of the Corporation, Alhaji Umaru Ibrahim gave the hint, while speaking during the NDIC day at the ...

  • Economía/Finanzas.- Santander reelegirá a Botín y Alvarez como consejeros del banco en su junta del 7 de abril

    MADRID, 2 (EUROPA PRESS) Santander ha convocado para el próximo 7 de abril su junta general ordinaria de accionistas, en la que reelegirá como consejeros ejecutivos a la presidenta del banco, Ana Botín, al consejero delegado, José Antonio Alvarez, y al vicepresidente Rodrigo Echenique.

  • Customs gives ultimatum for payment of duties on imported vehicles

    Ifeanyi Onuba, Abuja The Comptroller-General of Customs, Col. Hameed Ali  has approved a grace period of one month, between Monday 13th March to Wednesday 12th April 2017 for owners of all vehicles within the country whose customs duty has not been paid, to do so. The Acting Public Relations Officer ...

  • DMO lists first FG $1bn foreign currency bond on NSE

    The Debt Management Office on Thursday listed the Federal Government $1bn eurobond at 7.875 per cent due 2032 on the Nigerian Stock Exchange platform. The DMO Director -General, Dr Abraham Nwankwo, made this known during the bond listing at the NSE in Lagos. Nwankwo said that the Eurobond was raised ...

  • Why naira appreciated – CBN

    The Central Bank of Nigeria said the recent appreciation of the Naira against other currencies was the result of its market monitoring and intervention. The Acting Director, Corporate Communications of the CBN, Mr Isaac Okoroafor, on Thursday in Sokoto refuted the claim that the allegations by Mr Babatunde Gbadamosi on ...

  • Senator Marafa Calls For Total Deregulation of The Petroleum Downstream

    Sen. Garba Marafa, Chairman, Senate Committee on Petroleum Downstream, on Thursday said total deregulation of petroleum downstream sector remained the best option to salvage the nation’s economy. Marafa stated this in an interview with the newsmen on the sidelines of ongoing 16th Nigeria Oil and Gas conference in Abuja. He ...

  • China’s Steady Economic Growth, Lessons For Nigeria

    China’s rising economic growth and consistency in maintaining it inspite of global recession, has been as a result of its upward trajectory and steady performance. This points to the maintenance of hardwork, progress and stability, the Vice Chairman of the Foreign Affairs Committee of the National Committee of the CPPCC, ...

  • Recession: Low Patronage Hits Kaduna 38th Trade Fair

    Exhibitors and traders have lamented low patronage at ongoing 38th edition of the Kaduna International Trade Fair attributing it to the nation’s economic recession. The one-week fair, organised by the Kaduna State Chamber of Commerce and Industry, which declared open on February 25 and is expected to close on March ...

  • 3 Million Nigerians Lost N18bn To MMM – NDIC

    The Nigerian Deposit Insurance Corporation (NDIC) on Thursday disclosed that the social media estimated that three million Nigerians had  lost N18 billion in the Phonzi scheme, popularly called Mavrodi Mundial Movement (MMM). The Managing Director of the Corporation, Alhaji Umaru Ibrahim disclosed this while speaking at the NDIC day at ...

  • Xenophobic attacks: Militants threaten MTN, others as Obasanjo berates S’African leaders

    Chukwudi Akasike, Samuel Awoyinfa, Leke Baiyewu and Adelani Adepegba A coalition of Niger Delta militants, on Wednesday, threatened to blow up Multichoice, owner of DSTV; MTN, Shoprite and 16 other major South African investments in Nigeria if the Federal Government failed to shut them down within one month. The militant ...

  • Can FG’s efforts take Nigeria out of recession?

    Mr. Nduka Njoku (Deputy Dean, Faculty of Law, National Open University, Lagos) I do not think so. From what I have seen so far, it is not. Why I think so is that the Federal Government does not respond very fast to economic issues. You find that some of these ...

  • Ambode signs bill, salutes Adeboye at 75

    Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode, on Wednesday signed the Environmental Management and Protection Bill into law, expressing optimism that it would boost the safety of residents. Ambode, who spoke at the Lagos House in Ikeja, said on assumption of office, he saw the need to address the ...

  • Investments in gas, LNG declining – NLNG MD

    ’Femi Asu The Managing Director of the Nigerian LNG Limited, Mr. Tony Attah, has said investments in gas and the Liquefied Natural Gas are declining, and the proposed amendment to the NLNG Act poses further threat. Attah spoke at the 2017 Nigeria Oil and Gas Strategic Conference and International Exhibition ...

  • Buhari gives approval for private investments in refineries

    Okechukwu Nnodim, Abuja President Muhammadu Buhari has approved the implementation of a new commercial model that will allow private investors to invest in restoring the operational efficiency of the country’s refineries, the Nigerian National Petroleum Corporation has said. According to the NNPC, the presidential approval was given to enable the ...

  • BoI raises funding for Benue SMEs to N4bn

    Ifeanyi Onuba, Abuja The Bank of Industry has unveiled plans to increase the base lending funds for the development of the mall Medium Enterprises in Benue State to N4bn. The move is part of measures to ensure rapid economic transformation of Benue State. The Acting Managing Director of BoI, Mr. ...

  • Nigerian players suffering in Malta

    Footballers have been advised  against joining two clubs in Malta’s 12-team Premier League after evidence emerged of poor treatment of foreign players, including youngsters from Nigeria and the United States, AFP reports. FIFPro, the World Footballers’ Association, said in a statement that players who recently signed contracts with Mosta  and ...

  • Yam export

    •A good idea from Anambra; but it needs fine-tuning The government’s policy on diversification seems to be yielding fruits. This assessment is encouraged by two recent announcements: Anambra State Governor Willie Obiano’s plan to export one million yam tubers to Europe and another million to the United States of America, ...

  • Abuja Airport Closure: Ethiopian Airlines To Fly Kaduna Route

    The Ethiopian Airlines has said that it would fly Kaduna route with daily frequency with its Dream Liner aircraft during the six weeks closure period of Nnamdi Azikiwe International Airport, Abuja. Traffic and sales manager of the airline in Abuja, Mrs Firiehiwot Mekonnen, disclosed this in an interview with LEADERSHIP ...

  • African Sovereign Green Bond Will Facilitate Nigeria’s Economic Rebirth – Fashola

    Ahead of plans to inaugurate the first African Sovereign Green Bond (ASGB) which is expected to address climate change and sustainable environment, the Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN, has said the project would engender a new economy and be a good source of funds with ...

  • COTE D’VOIRE AMBASSADOR TO PARNTER NCPC ON PILGRIMAGE

    The Cote D’Ivoire Ambassador to Nigeria, her Excellency, Toure Nee Maman has said that the Cote D’Ivoire Ministry of Tourism is ready to work and partner with the Commission so that Christian pilgrims in Nigeria could visit the various holy sites in Cote D’ivoire. She disclosed this during a courtesy ...